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sandy, raising health concerns. >> everybody sort of got sick at the same time. all of us sort of attributed it to, well, we're all stressed out. it's very cold. but that said, there is a lot of nasty stuff hanging about. >> ifill: and hari sreenivasan has an update on the dangerous working conditions in bangladesh, where more than 100 workers have died over the past month. that's all ahead on tonight's newshour. major funding for the pbs newshour has been provided by: moving our economy for 160 years. bnsf, the engine that connects us. and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> woodruff: president obama made another foray outside washington today, trying to build public support for a fiscal cliff agreement. it came a day after he resu
sandy, raising health concerns. >> everybody sort of got sick at the same time. all of us sort of attributed it to, well, we're all stressed out. it's very cold. but that said, there is a lot of nasty stuff hanging about. >> ifill: and hari sreenivasan has an update on the dangerous working conditions in bangladesh, where more than 100 workers have died over the past month. that's all ahead on tonight's newshour. major funding for the pbs newshour has been provided by: moving our...
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Dec 10, 2012
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one is superstorm sandy took a lot of cars off the road. it really reduced demand for gasoline as you know. until recently there have been a number of gas stations in the northeast still without gas. people after realizing they weren't going to have as easy a time getting gas decided to make other plans it the storm itself took some roads out and took some people off the road. number two, there were some refinery issues in california going on at the same time. they've been resolved. that's put more gasoline online. the third thing, this one's important, crude oil prices, which are really the underlying feedstock for gasoline, crude oil prices have remained low. as we are concerned about the fiscal cliff and a slowdown in the world's economy and in asia and in europe. so these are the three factors that have come together to give us a sustained drop in the price of gasoline almost over the last three weeks, wolf. >> is this a short-term development? what's in store over the longer term? >> we're into that lower driving season. obviously, spr
one is superstorm sandy took a lot of cars off the road. it really reduced demand for gasoline as you know. until recently there have been a number of gas stations in the northeast still without gas. people after realizing they weren't going to have as easy a time getting gas decided to make other plans it the storm itself took some roads out and took some people off the road. number two, there were some refinery issues in california going on at the same time. they've been resolved. that's put...
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Dec 10, 2012
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look no further than superstorm sandy. gore calling on the president and congress to act and act now. that may mean a carbon tax? however, listen to this, a study from colorado state university says the exact opposite. that sandy was not caused by climate change. we will talk about all that in a moment. plus, you want proof that raising taxes does not work, that it doesn't bring in more money? well, in california, where they just voted to raise taxes big-time, the state is more than 800 million dollars short of the revenue it expected to bring in, because when you raise taxes, some people leave. check the big board. same old same old same old. the dow is flat, up just 23 points in the early going this monday morning. here is our company: sandra smith is with us. the conservative commentator is with us. and nicole petallides is there on the floor of the new york stock exchange. here we go, new at 10:00, the latest climate change rant from former vice president al gore. he blames pollution for causing climate change, which h
look no further than superstorm sandy. gore calling on the president and congress to act and act now. that may mean a carbon tax? however, listen to this, a study from colorado state university says the exact opposite. that sandy was not caused by climate change. we will talk about all that in a moment. plus, you want proof that raising taxes does not work, that it doesn't bring in more money? well, in california, where they just voted to raise taxes big-time, the state is more than 800 million...
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Dec 10, 2012
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scholar's is one of hundreds of new york schools damaged by superstorm sandy. gone are the plays in this auditorium. ♪ >> this is our grand piano, or was our grand piano. these were brand new curtains that we fought for years to get. they're still wet. >> reporter: the sea wolves marching band and the winning teams silent for now. the instruments and uniforms flooded in sewage. the gym now a construction zone. >> hey, guys, thank you for your hard work. >> reporter: this school's 1,100 students are being bussed to temporary schools like ps-13. >> we have students on the stage. they have the conference rooms, everything. we're using every single space in the room. we had little nooks. they're in nooks everywhere. >> reporter: honor student ryan panetta lost his home to sandy and his school. he told us what scholars' means to him. >> it was just fun to be there. like made kids actually like want to learn. >> reporter: fred is working to fix the school where his father worked and where he studied. he dreams his son will go there one day too. >> it's the best hig
scholar's is one of hundreds of new york schools damaged by superstorm sandy. gone are the plays in this auditorium. ♪ >> this is our grand piano, or was our grand piano. these were brand new curtains that we fought for years to get. they're still wet. >> reporter: the sea wolves marching band and the winning teams silent for now. the instruments and uniforms flooded in sewage. the gym now a construction zone. >> hey, guys, thank you for your hard work. >> reporter:...
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Dec 10, 2012
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. >> coastal communities a strike by superstorm sandy are pushing to reveal their war works and time for next summer. they are in a race to finish by the end of may to retain tour's money they will need for next year. seaside heights, new jersey is about 75% of its budget for tourism. sounds like bellmawr, new jersey are spending around $20 million to rebuild its boardwalk. new york mayor michael bloomberg has said no new wooden or what should be built. as he faces concretfavorr walks which adorable. >> if you like to turn holiday shopping into a last minute marathon macy's is ready to cater to you. the department store chain announced it will be open for nonstop shopping the last week it for christmas. >> stores will open at 7:00 a.m. on friday december 21st and will stay open until 7:00 a.m. once an exhibit of the third. the special cells of a marathon when that morning when macy's says ms. storm an open until midnight. >> the company has tried to extend shopping hours in the past but is a the first time all 800 macy's storewide would dissipate. >> i can which i will go. >> that is
. >> coastal communities a strike by superstorm sandy are pushing to reveal their war works and time for next summer. they are in a race to finish by the end of may to retain tour's money they will need for next year. seaside heights, new jersey is about 75% of its budget for tourism. sounds like bellmawr, new jersey are spending around $20 million to rebuild its boardwalk. new york mayor michael bloomberg has said no new wooden or what should be built. as he faces concretfavorr walks...
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Dec 10, 2012
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on behalf of states hardest it bb superstorm sandy. in a joint staaemmet on the matter, governor andrew cuomo of new pork and new jersey governor will help their states money - recover, repair, nd rebuild better and stronger than requested amount fell short of about 17-bbllion-dollars. the midwest may be seeinn parts of minnesstaa four to n - six inches of snow is already on the grrund, and up to fourteen inches is forecast. and st. paul have officially deelared the season's first snow emergency. severaa dozen flights out offthe twin cities airport were canccled. servvce sayssthe snow will end tooayy...when temperatures &pwill peak in the mii-teens. care packaggs areebeing put together for milittry dogs. theepewee valley veterinary center in kentucky is collecting and sendinggthe afghanistan. the packages include toys, treats ann desperately needed supplies. dogs ave been used in the military sinne the -&revvlutio forgotten sometimes. we really change thingg for them. one oo the dogs we're sponsorrng it's the vet is also trring to adop
on behalf of states hardest it bb superstorm sandy. in a joint staaemmet on the matter, governor andrew cuomo of new pork and new jersey governor will help their states money - recover, repair, nd rebuild better and stronger than requested amount fell short of about 17-bbllion-dollars. the midwest may be seeinn parts of minnesstaa four to n - six inches of snow is already on the grrund, and up to fourteen inches is forecast. and st. paul have officially deelared the season's first snow...
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sandy. great. congress has been requested $260 billion for aid. >>> i'm veronica de la cruz. this is "early today," your first stop of the day today on your nbc station. >> you're watching wbal-tv 11. live, local, late-breaking. this is 11 news today at 5:00 a.m. >> good morning. we are starting out with some thick fog in some areas. take the time. the clouds will break it up later this morning. it will be pretty thick for the next few hours. a mixture of sun and clouds. a chance for some rain this afternoon. high temperature into the 60's. we will check the seven-day forecast going all the way into the weekend. >> 48 degrees at the airport. the battle of the beltway goes washington's way. >> a police officer is shot try to break up a fight. >> president obama meets with the top republican from congress. i am tracie potts in washington with an update on the fiscal cliff. >> we will up the yo [captioning made possible by constellation energy group] captioned by the national captioning institu
sandy. great. congress has been requested $260 billion for aid. >>> i'm veronica de la cruz. this is "early today," your first stop of the day today on your nbc station. >> you're watching wbal-tv 11. live, local, late-breaking. this is 11 news today at 5:00 a.m. >> good morning. we are starting out with some thick fog in some areas. take the time. the clouds will break it up later this morning. it will be pretty thick for the next few hours. a mixture of sun and...
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Dec 10, 2012
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the labor department also says superstorm sandy had little effect on those numbers. >>> the markets continued their familiar pattern of following the latest word or words or hopes on fiscal cliff. no major moves during the week but several times the market ran out of steam to the end of the trading session. the house of representatives left for a long weekend on wednesday. so while there may be behind the scenes action in terms of talks, no one from the house is home. big moves by citigroup's new chairman and ceo. he announced 11,000 layoffs this week. citi will take a pre-tax charge of more than a billion dollars. the markets liked the move. the stock rallied about 7% on the expense cuts. >>> a big deal for netflix and dismy, they announced a licensing agreement to show disney movies shortly after they leave the theaters. the fiscal cliff and jobs numbers and state of the economy. who better to talk about all of that than robert reich, former secretary of labor in the clinton administration and current economics professor at the university of california at berkeley. good to see you. thanks s
the labor department also says superstorm sandy had little effect on those numbers. >>> the markets continued their familiar pattern of following the latest word or words or hopes on fiscal cliff. no major moves during the week but several times the market ran out of steam to the end of the trading session. the house of representatives left for a long weekend on wednesday. so while there may be behind the scenes action in terms of talks, no one from the house is home. big moves by...
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Dec 9, 2012
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superstorm sandy, a number of labor disputes. the fiscal cliff. we were expecting the number to go up from 7.9 to 8%. went down to 7.7. a number of economists, created 146,000 jobs, so before you opine on the report, how accurate and reliable do you feel this report was? >> well, first of all, i think it's important to know there were downward revisions to the past two months, which makes the trend not look as good. it's also important to note that anywhere between 50 to 100,000, which about 86,000 were affected by the storm, is not considered significant in this report. so again, you're not necessarily capturing it also on the 7.7%, that survey was taken very earlry in the month. a week earlier than the establishment survey. the household survey was take b on monday november 5th, a few days later, we had the nor'easter. the secondary storm that hit the northeast and caused insult to energy injury on many and that was not captured in that unemployment survey, so i think that although they say it didn't affect it, they also don't, did have a major
superstorm sandy, a number of labor disputes. the fiscal cliff. we were expecting the number to go up from 7.9 to 8%. went down to 7.7. a number of economists, created 146,000 jobs, so before you opine on the report, how accurate and reliable do you feel this report was? >> well, first of all, i think it's important to know there were downward revisions to the past two months, which makes the trend not look as good. it's also important to note that anywhere between 50 to 100,000, which...
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Dec 9, 2012
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that's in aide to help with superstorm sandy's cleanup in all states. the request comes in the midst of a tough fiscal cliff fight and house speaker john boehner says they will review the request by the president. new york and new jersey originally asked for a combined $79 billion in aide. the states' governors say they are grateful for any help. >>> the supreme court taking up the controversial issue of gay marriage. the high court agreed to hear two important cases, prop 8 out of california and doma out of new york. a federal court recently overturned prop 8 after the measure passed by voters. the court will decide if doma violates the fifth amendment of equal protection under the law that applies to same-section couples legally married in other states. >>> today is a very happy day for same-section couples in washington state. it is the first day they can marry under the new law, legalizing gay marriage. couples began lining up for licenses early thursday morning. some courthouses opened up at midnight for the ceremonies to take place. several local
that's in aide to help with superstorm sandy's cleanup in all states. the request comes in the midst of a tough fiscal cliff fight and house speaker john boehner says they will review the request by the president. new york and new jersey originally asked for a combined $79 billion in aide. the states' governors say they are grateful for any help. >>> the supreme court taking up the controversial issue of gay marriage. the high court agreed to hear two important cases, prop 8 out of...
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Dec 9, 2012
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. >> two area families joined forces to help victims of superstorm sandy celebrate the holidays. they collected donations and stuffed a truck full of toys. we first introduced you to 5-year-old sadey and 6-year-old tyler on 11 news earlier this week. when they learned each family was gathering toys to give to children who lost everything in the storm, they teamed up with the goal to fill this truck outside of target in white matt schaub. >> schaub -- marsh. >> we never thought we'd be able to fill a trailer so we are stuffing this truck today and taking it out next weekend to the kids who lost everything. >> sadey's mom says they're grateful for all of the and the families plan to drive the truck next weekend to point pleasant, new jersey. >> and hundreds of families with loved ones deployed overseas by the military have christmas trees in their homes this morning thanks to local business. the staff of the hubbard funeral home worked with the national guard to identify families that might need extra help in the holiday season. yesterday, they gave away close to 300 trees. >> it's
. >> two area families joined forces to help victims of superstorm sandy celebrate the holidays. they collected donations and stuffed a truck full of toys. we first introduced you to 5-year-old sadey and 6-year-old tyler on 11 news earlier this week. when they learned each family was gathering toys to give to children who lost everything in the storm, they teamed up with the goal to fill this truck outside of target in white matt schaub. >> schaub -- marsh. >> we never thought...
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. >> it's a holiday effort to help victims of superstorm sandy. i'm tim williams with more from towson coming up. >> i'm meteorologist bernadette woods. the mild air is going to continue, but so does the chance for some rain. we'll have your first warning forecast coming up when eyewitness news returns. >> complete coverage continues with adam may and meteorologist bernadette woods and sports with stan saunders. it's wjz, maryland's news station. ♪ jingle bells, jingle bells, jingle all the -- ♪ ♪ oh, what fun it is to ride... ♪ get in the holiday spirit with dunkin's peppermint mocha new white chocolate, or gingerbread flavors today. america runs on dunkin'. have you started shopping? just waiting for inspiration to strike. and there it is! done. genius. give the gift of dunkin' coffee. get two pounds for $14.99, only at dunkin' restaurants. america runs on dunkin'. 74 . >>> looks like pea soup out there. foggy again. 50 degrees in central maryland. bernadette woods will have the complete forecast coming up. first why police try to contro
. >> it's a holiday effort to help victims of superstorm sandy. i'm tim williams with more from towson coming up. >> i'm meteorologist bernadette woods. the mild air is going to continue, but so does the chance for some rain. we'll have your first warning forecast coming up when eyewitness news returns. >> complete coverage continues with adam may and meteorologist bernadette woods and sports with stan saunders. it's wjz, maryland's news station. ♪ jingle bells, jingle...
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Dec 8, 2012
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finding space for the thousands of volunteers who stepped up in the aftermath of superstorm sandy has proven to be a tall order. that's where this ship comes in, the ss wright. it is now home away from home for a couple hundred volunteers from the american red cross and fema core. they are staying together and eating together and playing games and watching sports together, yet it is in patriotic living quarters. and they are manning the 27 disaster recovery centers set up in the tri-state area. many are young and even just right out of high school. it is an interesting dynamic as many of the red cross volunteers are older. retired health care workers. it can be trying. being around storm victims and devastation at times is emotionally exhausting. >> the hardest part for me that i am not able to give them immediate assistance. you have to sign up at first. you have to wait. you have to go through the process. you have to get evaluated and awful that stuff. it is different from the red cross where if you need a lunch they give uh lunch. >> and the living quarters are less than luxurious
finding space for the thousands of volunteers who stepped up in the aftermath of superstorm sandy has proven to be a tall order. that's where this ship comes in, the ss wright. it is now home away from home for a couple hundred volunteers from the american red cross and fema core. they are staying together and eating together and playing games and watching sports together, yet it is in patriotic living quarters. and they are manning the 27 disaster recovery centers set up in the tri-state area....
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Dec 8, 2012
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monday marks six weeks since superstorm sandy slammed into the northeast. thousands of americans still suffering out there in the cold temperatures, and the tempers are flaring over fema's slow response and the lack of housing. >> it is the people in the area that have helped each other. forget red cross. forget all of these other agencies. it was the people that came from all over the united states to help the people. red cross don't deserve credit. they are here now because they are hereafter the fact. >> now good news on the horizon, one hopes, for victims needing shelter in new jersey. let's bring in new jersey congressman. thanks for being with us. as i understand it you got off the phone with the administrator yesterday evening. he finally promised by monday to provide some of the temporary housing. you know, the mobile homes and the trailers. but my goodness, everybody knew there were thousands of new jersey residents without a place to live six weeks ago. why would it take fema six weeks to do the obvious? >> they are denying there is still a great
monday marks six weeks since superstorm sandy slammed into the northeast. thousands of americans still suffering out there in the cold temperatures, and the tempers are flaring over fema's slow response and the lack of housing. >> it is the people in the area that have helped each other. forget red cross. forget all of these other agencies. it was the people that came from all over the united states to help the people. red cross don't deserve credit. they are here now because they are...
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sandy. while lawmakers in new york and new jersey call it a good start. they add, it won't cover everything. peter doocy live with details. >> kelly, new york governor. rather new jersey governor chris christie and andrew cuomo initially asked washington for about 79 billion dollars to rebuild their states and they are now thanking the president for his 60.4 billion dollars commitment and the white house wrote a letter to congress yesterday that says these are funds necessary to finance a needed recovery effort and to help the the region prepare for future challenges, including future severe storms and coastal flooding, swells impacts associated with a changing climate. but, amid the debt debate in d.c., there are questions how easy it will be to get congress to write such a big check and speaker boehner's spokesman says we will review it and al rogers says it's up to congress to help those hurt by sandy, but also our responsibility during these tight budget times to make sure that the victi
sandy. while lawmakers in new york and new jersey call it a good start. they add, it won't cover everything. peter doocy live with details. >> kelly, new york governor. rather new jersey governor chris christie and andrew cuomo initially asked washington for about 79 billion dollars to rebuild their states and they are now thanking the president for his 60.4 billion dollars commitment and the white house wrote a letter to congress yesterday that says these are funds necessary to finance a...
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Dec 8, 2012
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and landmarks, and many president obama is asking congress for money on behalf superstorm sandy. the white house says the york governor andrew cuomo and new jersey governor money will help their states recover, repair, and rebuild. be used to protect the region from future storms. >> this patient, at six year-old, bonds to collect toys and donated them to children's hospital. he is fighting brain cancer . >> we have been so... blast. blessed. >> the dickens christmas fare is so much fun we will tell you all about it. so, on back and we will celebrate. ... >> earlier despite having cancer, a bakersfield boy is doing something wonderful. he turns 13 next week, and his birthday wish? enough toys to give to all the other children in his hospital. this is nathan garcia. he's battling stage four brain cancer. because of that, he's had to put his dream of on hold. but it's not stopping dreams. and his parents are helping him with those. have much time left. his family plans to to the san francisco children's hospital where he's being treated.. ..and toys will also go house. local ronald
and landmarks, and many president obama is asking congress for money on behalf superstorm sandy. the white house says the york governor andrew cuomo and new jersey governor money will help their states recover, repair, and rebuild. be used to protect the region from future storms. >> this patient, at six year-old, bonds to collect toys and donated them to children's hospital. he is fighting brain cancer . >> we have been so... blast. blessed. >> the dickens christmas fare is...
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sandy. it may not pass in congress until next year because of the fiscal cliff negotiations. >>> and some restrictions on electronic devices during flights could soon be lifted if the federal communications commission has its way. in a letter to the faa, the agency called for greater use of portable devices on planes. i thought they affected navigation systems. but maybe that's not true. >>> and finally, a fish tale with a picture to prove it. a fisherman caught what is believed to be the biggest yellow fin tuna ever. landed on rod and reel, that is. 459 pounds. he fought the fish for some two hours. the previous record, dan harris was reminding me, was 427 pounds this year. >> i take this very seriously, ron. >> a walking encyclopedia. >> he likes his sushi. that's what it is. >>> time for the weather and ginger zee. >> good morning, everybody. i want to start in the pacific northwest, where they've been waiting for snow at some of the ski resorts. and snowboarders happy, too. snoqualmie pa
sandy. it may not pass in congress until next year because of the fiscal cliff negotiations. >>> and some restrictions on electronic devices during flights could soon be lifted if the federal communications commission has its way. in a letter to the faa, the agency called for greater use of portable devices on planes. i thought they affected navigation systems. but maybe that's not true. >>> and finally, a fish tale with a picture to prove it. a fisherman caught what is...
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Dec 8, 2012
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. >>> hiring picked up last month despite the wrath of superstorm sandy. let's dig inside these numbers. can you see that 40% of the unploimd employed have within out of work for six months or longer, something we need to fix and something else we need to fix, the underemployment rate, 14.4%. those are people who are out of work or working part time and would like to be working full time. again, another number we have to fix. i want to show you where the jobs, are pretty important to look at. 53 retail jobs added, likely holiday hiring, no question, but some of these will be temporary jobs and not all of them are paying benefits or full-time. looking further, can you see professional and business services, 43,000 jobs created there. the government pointing out computer system analyst and related industries very, very strong job growth there. another reason why stem pays. this is the trend because we always look at these numbers in, you know, context for where we've been. the recession, millions of jobs lost and here is what we've been doing month after mon
. >>> hiring picked up last month despite the wrath of superstorm sandy. let's dig inside these numbers. can you see that 40% of the unploimd employed have within out of work for six months or longer, something we need to fix and something else we need to fix, the underemployment rate, 14.4%. those are people who are out of work or working part time and would like to be working full time. again, another number we have to fix. i want to show you where the jobs, are pretty important to...
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sandy recovery. that request falls short of total damage estimates. governors from new york, new jersey and connecticut alone say they will need closer to 82 billion to fix their states. >>> we don't know their names, but a couple from a phoenix suburb has presented the second winning ticket from last month's massive powerball drawing. the couple came forward now because they were concerned about, guess what, the looming fiscal cliff. they will take home 192 million bucks before taxes, and the plan is to use the money to start a foundation and support their favorite charities. >>> more people out of work, and another recession. you want to know what's at the bottom of that fiscal cliff, well, there you have it. many say that what's going to happen if something isn't done soon, but guess what? alice rivlin has a plan. she's a senior fellow at the brookings institution and served as director of the white house office of management and budget, the omb, under president clinton. alice, good morning. >> go
sandy recovery. that request falls short of total damage estimates. governors from new york, new jersey and connecticut alone say they will need closer to 82 billion to fix their states. >>> we don't know their names, but a couple from a phoenix suburb has presented the second winning ticket from last month's massive powerball drawing. the couple came forward now because they were concerned about, guess what, the looming fiscal cliff. they will take home 192 million bucks before taxes,...
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i don't think you would have seen quite that drop in numbers if superstorm sandy hadn't happen. i think we actually would have seen unemployment rate closer to 7.9%. >> what about the new report that shows home prices jumping the fastest in seven years. what does it tell you about long-term health of the housing market. >> we've been hearing economists trumping returning housing market is the bright spot. this is a report from core logic showing home prices up -- have done the biggest year over year jump in six years. we're seeing the biggest jumps in nevada, california, arizona. actually oil states like the dakotas. overall about 45 out of 50 states have shown increases in home prices. i think this is really good news. i think americans should also remember that real estate and recovering real estate is very local. so we're seeing most of the growth in large cities. >> what about this gift from random house to all of its employees. pretty nice. >> yes, call it 50 shades of green, if you will. random house, which is the publisher of "50 shades of grey," the lascivious adult nove
i don't think you would have seen quite that drop in numbers if superstorm sandy hadn't happen. i think we actually would have seen unemployment rate closer to 7.9%. >> what about the new report that shows home prices jumping the fastest in seven years. what does it tell you about long-term health of the housing market. >> we've been hearing economists trumping returning housing market is the bright spot. this is a report from core logic showing home prices up -- have done the...
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sandy recovery efforts. thatie request falls short of total damage estimates. they say they'll need closer to $82 billion to repair their states. >>> it's been more than 15 years since he was mysteriously gunned down, but the los angeles coroner's office has finally released the autopsy report on rapper christopher wallace, also known as the notorious big or biggy smalls. the 23-page report shows wallace suffered four gunshot wounds, one of which was fatal. to date, no arrests made in that case. it remains unsolved. >>> secret service agents at risk all because one man lost some sensitive computer information. the shocking mistake was kept largely secret until now. cnn's brian todd has the details. >> reporter: law enforcement and congressional sources tell cnn the u.s. secret service is being investigated for a potentially damaging loss of information. the data was on two back-up computer tapes which contain very sensitive personnel and investigative information, according to our sources. >> you lost the dr
sandy recovery efforts. thatie request falls short of total damage estimates. they say they'll need closer to $82 billion to repair their states. >>> it's been more than 15 years since he was mysteriously gunned down, but the los angeles coroner's office has finally released the autopsy report on rapper christopher wallace, also known as the notorious big or biggy smalls. the 23-page report shows wallace suffered four gunshot wounds, one of which was fatal. to date, no arrests made in...
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and superstorm sandy brought devastated and will cost tens of billions of dollars and now the president is asking congress for 60 billion to help with the cleanup. peter doocy is live in washington with the latest on the recovery efforts. >> reporter: good morning, clayton, you're right the white house wrote a letter, the speaker of the house, to request 64.4 billion dollars and the number recommends funds needed to finance a recovery effort and help the region prepare for future challenges, including future severe storms and flooding as well as impacts associated with a changing climate. just because the white house is requesting 60.4 billion dollars doesn't necessarily mean it will be easily approved by the house of representatives, because money is tight right now and as spokeman for speaker boehner says simply, we have the request and we will review it. four u.s. senators from new york and new jersey, chuck schumer robert menendez and kirsten gillibrand says the money might get caught up with people wanting it elsewhere. and it's a tough fight in congress given the fiscal cliff and
and superstorm sandy brought devastated and will cost tens of billions of dollars and now the president is asking congress for 60 billion to help with the cleanup. peter doocy is live in washington with the latest on the recovery efforts. >> reporter: good morning, clayton, you're right the white house wrote a letter, the speaker of the house, to request 64.4 billion dollars and the number recommends funds needed to finance a recovery effort and help the region prepare for future...
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industry estimates put the total amount of damage from superstorm sandy at $50 billion. insurance companies are expected to pick up between $10-$20 billion of that. that puts superstorm sandy at the top of the list ahead of hurricanes ike, ivan, and irene. monday we will look at why rebuilding from sandy is so expensive thanks to where she came ashore. ruben ramirez, seaside heights, new jersey. back here on wall street, tom, some interesting revolutions from netflix today saying it got a wells notice and being investigated by the securities and exchange commission. behind it is a very interesting debate going on. the reason for the investigation is that the ceo reid hastings had posted some information on his facebook page about developments at the company and the fec said you didn't disclose this property, should have been a press release or filing with the sec and raises new questions about social media and fair disclosure. >> tom: this is all about how technology is changing and regulations have a hard time susie keeping up with it. we see it with high frequency trad
industry estimates put the total amount of damage from superstorm sandy at $50 billion. insurance companies are expected to pick up between $10-$20 billion of that. that puts superstorm sandy at the top of the list ahead of hurricanes ike, ivan, and irene. monday we will look at why rebuilding from sandy is so expensive thanks to where she came ashore. ruben ramirez, seaside heights, new jersey. back here on wall street, tom, some interesting revolutions from netflix today saying it got a wells...
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sandy. who knows how high we could have been if it weren't for that darn hurricane? yet the market barely blinked. yet the potential layoffs if we go over the cliff make these rearview numbers seem almost irrelevant to the market. hence the mixed performance of the averages today. sure, dow gained 81 points, but the s&p barely budged, edging up 29%. and the nasdaq actually declined .38%, led once again by the slip sliding away apple, which you know i like, but how many times during a particular show can i say i like it? so with that in mind, what's the game plan for next week? first off, perhaps the most important day of the week is monday. but not for any earnings. not for any releases. that's when we process the results of the weekend talk shows, which you now have to watch as if we were instead of watching, you know, college gameday, i'm watching like some of those other news stations -- and then of course sunday morning whoever -- you don't even pay attention -- football means nothing no
sandy. who knows how high we could have been if it weren't for that darn hurricane? yet the market barely blinked. yet the potential layoffs if we go over the cliff make these rearview numbers seem almost irrelevant to the market. hence the mixed performance of the averages today. sure, dow gained 81 points, but the s&p barely budged, edging up 29%. and the nasdaq actually declined .38%, led once again by the slip sliding away apple, which you know i like, but how many times during a...
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president obama asked congress for $60 billion for states affected by superstorm sandy. the request comes at a time when lawmakers are arguing how every dollar is spent. >>> our fourth story "outfront," an historic announcement. the supreme court decided today it will hear two constitutional challenges to same-sex marriage laws. if the court were to follow public opinion, the decision could come down in favor of gay and lesbian couples. recent polling shows 53% of americans think same-sex marriage should be legal. 46% say illegal. and on election day, voters in three states approved same-sex marriage. "outfront," mckay coppins, tim carney and maria cardona, cnn contributor and democratic strategist. this is kind of big news in all of this. tim, you saw the polls. now the supreme court will get involved in this. should this signal something to the republican party? should they say it's reached this level, we need to rethink our position on this? >> polls are one thing. there's also the fact most states don't have gay marriage yet and most of those that do, it was not put
president obama asked congress for $60 billion for states affected by superstorm sandy. the request comes at a time when lawmakers are arguing how every dollar is spent. >>> our fourth story "outfront," an historic announcement. the supreme court decided today it will hear two constitutional challenges to same-sex marriage laws. if the court were to follow public opinion, the decision could come down in favor of gay and lesbian couples. recent polling shows 53% of americans...
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sandy. a white house official says, the president has requested 60- point- four billion dollars. in a joint statement on the matter, governor andrew cuomo of new york and new jersey governor chris christie say, this money will help their states recover, repair, and rebuild. they also say, their request includes funding to invest in efforts to protect the region from impact of storms like sandy. both governors recently went to washington to lobby lawmakers for federal funds. >> a new jobs report shows. a big drop in the nations unemployment. last month, 146- thousand jobs were added in the u-s. right now, the unemployment rate is 7-point-7 percent. that number does not include people who have stopped looking for work. still - it is the lowest percentage in 4-years. kron 4's justine waldman has a closer look at employment growth here in the bay area. and shows us where the jobs are here >> according to the california employment development department. there are jobs in the bay area. you just n
sandy. a white house official says, the president has requested 60- point- four billion dollars. in a joint statement on the matter, governor andrew cuomo of new york and new jersey governor chris christie say, this money will help their states recover, repair, and rebuild. they also say, their request includes funding to invest in efforts to protect the region from impact of storms like sandy. both governors recently went to washington to lobby lawmakers for federal funds. >> a new jobs...
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president obama asking congress for $60 billion for recover efforts following superstorm sandy. hard hit states asked for more than $80 billion. the october storm devastated much of the northeast. federal aid would go to victims and rebuilding projects. it's unclear if congress already in negotiations over how to balance the budget, will approve funding before breaking for the year. >>> secretary of state hillary y clinton has agreed to testify before the senate foreign relations committee about the benghazi attacks. september 11th all the on the u.s. consulate in libya left ambassador chris stephens and three others dead. clinton will testify before the 130th congress sometime in january. she's also agreed to testify before the house foreign affairs committee. i'm li elizabeth pren in new yo. for all the headlines, log onto foxnews.com. >>> a warning that some of our nation's biggest companies may be hoodwinking you, the taxpayers. major companies like gm taking advantage of all kinds of incentives and tax breaks from local and state governments, but are the communities, meanin
president obama asking congress for $60 billion for recover efforts following superstorm sandy. hard hit states asked for more than $80 billion. the october storm devastated much of the northeast. federal aid would go to victims and rebuilding projects. it's unclear if congress already in negotiations over how to balance the budget, will approve funding before breaking for the year. >>> secretary of state hillary y clinton has agreed to testify before the senate foreign relations...
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sandy. in new york city, a jury deliberated more than a week in the trial of a bus driver accused of being so tired, he caused a crash that killed 15 of his passengers. today came the verdict: not guilty. and michelle miller tells us the driver is a free man tonight. .> how do you find the >> hndant, guilty or not guilty? >> not guilty. t reporter: the bus driver wept veen he heard the verdict. ears ill williams could have faced 15 years in prison. hisas driving 32 people from a connecticut casino to new york's chinatown when his bus hit a guardrail, toppled, and was torn open by a signpost. williams claimed he'd been cut off by a tractor-trailer. investigators found no evidence of that. but they discovered williams averaged three hours of sleep in the days before the crash. they cited driver fatigue as the probable cause. florence wong's father don lee was killed in the crash. >> he had 15 lives that was under under his control and they're not here. he has to live with that with conscinscie
sandy. in new york city, a jury deliberated more than a week in the trial of a bus driver accused of being so tired, he caused a crash that killed 15 of his passengers. today came the verdict: not guilty. and michelle miller tells us the driver is a free man tonight. .> how do you find the >> hndant, guilty or not guilty? >> not guilty. t reporter: the bus driver wept veen he heard the verdict. ears ill williams could have faced 15 years in prison. hisas driving 32 people from a...
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superstorm sandy is estimated to be the most costly natural disaster in the united states since hurricane katrina. >> the recent rains we've had here have produced some good news for the ma rist canyon county water supplies. they're showing the highest levels ever recorded for this time of year. the down side is mud slides if the ground doesn't get a chance to dry out by any measures this weekend will be a far cry from last weekend. our meteorologist mark is here with the sgluz last week, we had storm no. 2 two approaching the bay area and then we were advertising the third strong one. no storms this week and as you can see, mostly clear sky there with the exception of a batch of high clouds moving toward the central portion of the bay. as far as temperatures they are cooling off. most areas are in the 50s. santa rosa 56, oakland, 56 with winds not too much of a factor. if you're looking toward the bay waters earlier today, i noticed the calm conditions. satellite, no rain drops expected. in fact the storm track heading to the north of the bay area so we can guarantee you a dry weather pa
superstorm sandy is estimated to be the most costly natural disaster in the united states since hurricane katrina. >> the recent rains we've had here have produced some good news for the ma rist canyon county water supplies. they're showing the highest levels ever recorded for this time of year. the down side is mud slides if the ground doesn't get a chance to dry out by any measures this weekend will be a far cry from last weekend. our meteorologist mark is here with the sgluz last week,...
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scenes like this from superstorm sandy could become more common according to the national oceanic and atmospheric administration. devastating flooding from a hurricane is only indication what will come from future storms. scientists predict global sea levels will rise eight inches to 6.6 feet before the end of the century. atlantic coast is on thin ices are water levels rising average rate of 1 1/2 inches per decade. david: we've got to be a little careful with some of that because other people disagree dramatically with those figures. what you're looking at now is somebody getting a flu shot and if you're looking for a free flu shot, well you can trade in your gun. the city of worcster, massachusetts, is having a goods for guns buyback program. tomorrow you can bring in your unwanted, unloaded guns over to police headquarters, and in return you will get a free flu shot. big deal, and a gift certificate for wegman's grocery stores for 25 bucks. value of the certificate is depending on guns you trade in. the gu
scenes like this from superstorm sandy could become more common according to the national oceanic and atmospheric administration. devastating flooding from a hurricane is only indication what will come from future storms. scientists predict global sea levels will rise eight inches to 6.6 feet before the end of the century. atlantic coast is on thin ices are water levels rising average rate of 1 1/2 inches per decade. david: we've got to be a little careful with some of that because other people...
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the white house is questioning $60.4 billion for states affected by superstorm sandy. mary snow how as the unbelievable story of one man whose home survived the storm's wrath, but not what came next. >> reporter: you see one mangled home after another. this area was so hard hit, that residents are only allowed back in every three days to reclaim their possessions. that's a lot more than one man got after he returned home to find out that his home had been bu bulldozed, and he had not had the chance to reclaim anything. >> this is what you came home to two weeks after the storm. >> nick expected devastation, but not this. a seatcushion is all that's left of his family's summer home. two weeks after sandy, maria and his neighbors were finally allowed back into the area. but his house had been bulldozed. >> everyone else was here that week, that day, and i felt like a lost soul. everybody is taking clothing out, bringing their luggage, taking pictures out, whatever they could stuff in, and i had nothing to take. that was a shock. >> a long with shock came frustration over
the white house is questioning $60.4 billion for states affected by superstorm sandy. mary snow how as the unbelievable story of one man whose home survived the storm's wrath, but not what came next. >> reporter: you see one mangled home after another. this area was so hard hit, that residents are only allowed back in every three days to reclaim their possessions. that's a lot more than one man got after he returned home to find out that his home had been bu bulldozed, and he had not had...
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besides superstorm sandy's aftermath possibly skewing both surveys, the labor department says it decided to call people's homes a week early because of thanksgiving. diane swan says look for the numbers to be revised. >> we did see unemployment insurance claims surge in the wake of sandy. and they may not have been totally included in some of the data as well because of electrical problems and people submitting on the survey. so it is unclear that although the number looks better than when what we expected, whether it is capturing sandy, because there were so many disruptions to reporting that my guess is that that's part of the reason we're seeing this seeing this distortion. >> but labor secretary says her agency takes all those things into account. her agency's report said, quote, its analysis suggests that hurricane sandy did not substantively impact the national emunemployment and unemployment numbers. >> they make judgments. the labor bureau statistics does their calculation. they look back at what happens happened previously, they use the same methodology used even during katrina,
besides superstorm sandy's aftermath possibly skewing both surveys, the labor department says it decided to call people's homes a week early because of thanksgiving. diane swan says look for the numbers to be revised. >> we did see unemployment insurance claims surge in the wake of sandy. and they may not have been totally included in some of the data as well because of electrical problems and people submitting on the survey. so it is unclear that although the number looks better than...
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sandy. >> thank you for joining us. i would like to understand better an aspect of the review. the question that i have arises from the interest-rate assumptions and the environment that is used to determine the prevailing view about the value of the mutual mortgage insurance fund. more specifically, you observe the fact that, the lower the interest-rate environment, -- he walked through the mechanisms by which lower interest rates, while good for the economy overall, tend to have an adverse affect on the fund. my understanding is the review contemplates a low interest-rate environment. in that environment, the value of the fund is -$31 billion. are we in a low interest rate environment today? maintaining current policy a least three years or so should that be the prevailing environment assumption? >> you make a very important point in terms of the fact that the review was done not today but at a point with economic projections in july, over the summer. it is accurate that interest rates hav
sandy. >> thank you for joining us. i would like to understand better an aspect of the review. the question that i have arises from the interest-rate assumptions and the environment that is used to determine the prevailing view about the value of the mutual mortgage insurance fund. more specifically, you observe the fact that, the lower the interest-rate environment, -- he walked through the mechanisms by which lower interest rates, while good for the economy overall, tend to have an...
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ashley: superstorm sandy causing devastation for many americans. massive power outages sparked a booming business for one wisconsin company. jeff flock has more. jeff: whenever there is a huge economic recovery in this country, this is what it will look like. this is a company that makes generators like no other. they have more of the backup generator market in this country than all the other competitors combined. despite the fiscal cliff, you are in a massive upswing. >> we are. demand for our products has been tremendous. obviously, that comes from the outages we have experienced as a country. it has put a lot of demand out there for our product. jeff: these are the alternators that go inside the generators for those of you who maybe do not remember their high school physics. the bottom line is, you have a huge market for this right now. >> we do. a rich market today. there are a lot of hustled out there that could use a product like this. jeff: take a walk with me, i want to say people briefly. this plan. this is a massive plant. you cannot hire
ashley: superstorm sandy causing devastation for many americans. massive power outages sparked a booming business for one wisconsin company. jeff flock has more. jeff: whenever there is a huge economic recovery in this country, this is what it will look like. this is a company that makes generators like no other. they have more of the backup generator market in this country than all the other competitors combined. despite the fiscal cliff, you are in a massive upswing. >> we are. demand...
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. >> this next picture is superstorm sandy. the president with mike bloomberg and janet napolitano touring the damage. you can just imagine how grim that tom donlon -- i'm not sure if tom is also in the picture. you can see what they're looking at. >> right. you know, the one that -- he's not in this picture, but what jumps in my mind is the criticism that chris christie got over saying nice things when president obama went up to new jersey to tour the devastation. i just think the seriousness that's conveyed in this picture, i almost never say this. there are things in which politics takes a very far back seat. this is one of them. >> take a look at the next picture. we were talking a few minutes ago about possible cabinet choices. there's dennis mcdone noug on the right and jack lou is if he's the treasury secretary and tom lon lan, the national security adviser. the president is so comfortable with these insiders. these are great pictures by pete suza. look at air force one. the president is in marine one coming in behind. t
. >> this next picture is superstorm sandy. the president with mike bloomberg and janet napolitano touring the damage. you can just imagine how grim that tom donlon -- i'm not sure if tom is also in the picture. you can see what they're looking at. >> right. you know, the one that -- he's not in this picture, but what jumps in my mind is the criticism that chris christie got over saying nice things when president obama went up to new jersey to tour the devastation. i just think the...
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despite predictions of stalled job creation in november in superstorm sandy and looming fiscal cliff, the nation added 146,000 jobs last month, and unemployment ticked down to 7.7%. while november's figures are higher than expected, september and october were revised down 16 and 33,000 jobs respectively. chief economists for moody's analytics mark zandi cautions november may see a downward revision but the numbers are a good sign. >> bottom line, feels like the job market is holding firm in the face of sandy and fiscal cliff concerns, so that's good news. >> surprising exactly no one, the white house and republicans had different spin on the numbers. >> if congress does address the problems that it needs to address, concerning the fiscal cliff, if we have reasonable resolution type of programs that the president has been proposing to support the economy in the short run, get us on a sustainable fiscal path in the long run, protect the middle class we're going to see progress in this economy. >> the risk the president wants us to take increasing tax rates will hit many small businesses
despite predictions of stalled job creation in november in superstorm sandy and looming fiscal cliff, the nation added 146,000 jobs last month, and unemployment ticked down to 7.7%. while november's figures are higher than expected, september and october were revised down 16 and 33,000 jobs respectively. chief economists for moody's analytics mark zandi cautions november may see a downward revision but the numbers are a good sign. >> bottom line, feels like the job market is holding firm...
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. >>> new york has as much as $1 million wasted as the city recovers from superstorm sandy. the wall street journal now is reporting that scores of hotel rooms paid for with public money have been vacant for weeks. they're supposed to house residents displaced by the superstorm, but those rooms are unoccupied. more than 1,000 people are l
. >>> new york has as much as $1 million wasted as the city recovers from superstorm sandy. the wall street journal now is reporting that scores of hotel rooms paid for with public money have been vacant for weeks. they're supposed to house residents displaced by the superstorm, but those rooms are unoccupied. more than 1,000 people are l
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we had an early thanksgiving so seasonal hiring for the holidays offset the superstorm sandy. in addition, i think -- and where i would differ from jared just a little bit and we rarely do -- the underlying economy is consideri considerably stronger. if you take into account the number of baby boomers that are retiring, that has not been talked about and does effect the labor force participation rate. the broadest measure of unemployment, the unemployed and those who left the workforce fell to 14.7%. so i think things are getting better. what i'm most afraid of is the type of talk we heard from speaker boehner and maxine waters. they are taking us to the cliff on both sides. the fact that entitlements is off the table is crazy. my friend david kotac said we should go all go to our window as was done in the movie "network" and yell out the window and say, i'm mad as hell. quit messing around with the economy. >> jared, what do you think? >> listen, if john is correct that the economy is even doing a little better than we think, all the more reason -- it kind of underscores my b
we had an early thanksgiving so seasonal hiring for the holidays offset the superstorm sandy. in addition, i think -- and where i would differ from jared just a little bit and we rarely do -- the underlying economy is consideri considerably stronger. if you take into account the number of baby boomers that are retiring, that has not been talked about and does effect the labor force participation rate. the broadest measure of unemployment, the unemployed and those who left the workforce fell to...
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economy adding 146,000 jobs despite the fact that superstorm sandy caused $60 billion worth of damage in this country. but after all that devastation, construction jobs are seeing a big bump in communities that sandy hit hard. rick leventhal is live on staten island, new york, a little bit of a silver lining here, rick. >> reporter: yeah. of course a lot of businesses suffered as a result of hurricane sandy, especially restaurants and retail hit by that storm surge. but as you mentioned, some businesses are seeing a boom, especially in the home improvement area. construction jobs, plumbers, electricians, landscapers, roofers, drywall finishers, they're all working very, very hard, getting a lot of new business. we spoke to a couple, dana that and anthony devigne know, who run their own electrical contracting business, here's what they told us. >> people want their work done right away, and we're working as hard as we can to get that done for them. >> and i'm a firm believer in taking the work while it's there, so we really don't pass up too much. if we have to work saturdays and sunda
economy adding 146,000 jobs despite the fact that superstorm sandy caused $60 billion worth of damage in this country. but after all that devastation, construction jobs are seeing a big bump in communities that sandy hit hard. rick leventhal is live on staten island, new york, a little bit of a silver lining here, rick. >> reporter: yeah. of course a lot of businesses suffered as a result of hurricane sandy, especially restaurants and retail hit by that storm surge. but as you mentioned,...
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first of all, the impact from superstorm sandy. it wasn't there. that's what the bureau of labor sta stisks told us. we thought it might have a significant impact. it didn't. second of all, a number of people gave up on looking for work. that's why you see the significant decline in the unemployment rate. >> where were the jobs gained? >> primarily retail, which added 53,000 jobs. business services have been strong throughout this recovery. we saw those add 43,000 jobs and lastly health care, which has been one of those fields that most people would say is untouchable because there's a growing need for health care as the boomer population ages and because there are consistently jobs in the health care. also computer services were strong. retail, one thing to note, it's november, people hire for the holidays. >> rebecca jarvis, thank you. >> now to the crisis in the middle east. rejecting president mohamed morsi's call for reconciliation, refusing to compromise last night as he spoke to the nation. earlier, morsi got a call from president obama afte
first of all, the impact from superstorm sandy. it wasn't there. that's what the bureau of labor sta stisks told us. we thought it might have a significant impact. it didn't. second of all, a number of people gave up on looking for work. that's why you see the significant decline in the unemployment rate. >> where were the jobs gained? >> primarily retail, which added 53,000 jobs. business services have been strong throughout this recovery. we saw those add 43,000 jobs and lastly...